Word: mideast
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...memorable display of the art. In the great hall where the General Assembly meets, in corridors, in the delegates' cocktail lounge and at lunch tables, some of the world's leading statesmen cautiously felt their way toward a formula that would allow everybody to emerge from the Mideast crisis with dignity intact...
...fear that this would establish a precedent that might someday be used to justify U.S. intervention on behalf of the established government in Latin American revolutions. ¶ Israel, unconvinced that U.N. support alone could keep Hussein on his throne, was plugging for a great-power guarantee of all existing Mideast frontiers. If Russia wished to be a Middle East power, let it be made to guarantee Israeli as well as Arab borders. ¶ India flatly opposed dispatch of U.N. troops to Lebanon and Jordan. One reason : India wants no precedents established for sending blue-and-white-helmeted U.N. forces into...
...this brotherly, pan-Arab back-slapping made it clear that Nasser was suggesting to the other Mideast states that they join in one big family dominated, naturally, by Nasser and Egypt. If Iraqis in the new Cabinet longed to keep oil royalties inside their own borders, they had to be mindful of the Baghdad street mobs that cheer Nasser's photograph, and absorb the lies and fury of Radio Cairo...
...news was ominous enough to wrench State Department eyes momentarily away from the Mideast crisis. Carl W. Strom, U.S. Ambassador to Cambodia, flew home to Washington for consultations. Neighboring Thailand abruptly declared a "state of emergency" on its border with Cambodia. Voices were raised in the Philippines for a meeting of the SEATO powers to deal with Cambodia's action...
Taking up the threat of oncoming inflation, the Federal Reserve review speculated that further price rises might be held down by the large inventories still on hand. Recent price rises in steel and other raw materials, said the report, were encouraged by the Mideast crisis, and might prove to be transitory. In one case they had already proved so; custom smelters of copper, who fortnight ago raised their prices ½? to 27? a lb., last week cut their prices back to 26½?. But steel showed no sign of retreat, as steel price hikes spread to 65% of the industry...